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September 8, 2022

Weathering the storm together

Cruise

Have you ever been on an all-inclusive cruise?  One of our team was fortunate enough to successfully bid for one recently at a charity auction.

While not usually one for cruises, the appeal was that every aspect of this holiday had already been taken care of and planned for. Everything from where they’d be staying, to where they’d be visiting, eating and drinking, was all organised… What a way to holiday!

Speaking of cruises, did you spot this recent article about how it will soon be cheaper  to live on a cruise ship for a month than to stay at home and cover household expenses?

It’s plain to see that the cost of living continues to rise. Even with promises of energy cap freezes and business bailouts, the economic climate is becoming ever more challenging.

Understandably, this is a cause for concern for us all.  In the past weeks, we’ve spoken with clients whose worries range from the impact of the cost-of-living crisis on their retirement age to their rising living expenses and future cashflow.

And while all of our clients’ circumstances are different, their response after they’ve spoken to us is usually the same: “It’s a good thing I have a financial adviser to worry about all this on my behalf.”

Much like a well-planned trip, we’re here to manage every aspect of your finances for you. We’re made for moments like these, and we’re actively taking on your financial concerns so that you don’t need to worry unnecessarily.

If you’re concerned about when to take out your money for retirement, we’re already working to understand when the optimal time to do so might be. We can assess every option, including gradually reducing working hours and taking partial retirement until balance is restored.

If you’re worried about your living expenses, we’ll analyse your spending trends and spot opportunities for small tweaks that could make a big difference. We can recommend where to cut back, if necessary, and for how long.

And, if you’re feeling uneasy about your cashflow, we can use our modelling software to help you understand what the future holds and how to navigate it. We’ll undertake a forensic examination of your income and expenditure, helping you to plan and prepare for a range of scenarios.

A list of worry

So, what do you need to do?

The answer is: very little. You’ve appointed us to navigate financial concerns on your behalf, and that’s exactly what we will continue to do.

All you need to do is keep us updated. Check in with us as frequently as you can and keep us posted on anything that has changed. Let us know if there’s anything that’s causing you concern. That way, we can quickly manage the issue for you and address it on your behalf.

Sharing financial details can make some people feel vulnerable but we don’t judge our clients on what they spend. Your money is yours to do with as you please. We’re simply here to help you find the best ways to make your money work for you – and the more detail you give us, the better we can help you.

There’s no denying that the tides are changing. What will the next few months bring: turbulence or calmer seas? That remains to be seen. It might not all be plain sailing, but with our support, you can be confident that we will help you as you navigate the storm. 

In some brighter news….!

At Sutherland Independent Ltd we are extremely proud to have been one of the Sponsors for the Scottish Portrait Awards 2022, which was hosted this week by the Scottish Arts Trust in Edinburgh.

Click here to see the painting entitled ‘Meeting Daniel’ by Sam Dalby from Moffat, which  won one the of biggest prizes in the competition – the new Sutherland Independent Scottish Portrait Award in Fine Art

The 2022 exhibition launches at the Scottish Arts Club, Edinburgh from September 10 and is set to run until October 1 2022.  Why not take the opportunity to visit and see this and the other works of art?

September 8, 2022